PSD2 is not just another piece of legislation institutions need to comply with. Instead, PSD2 is the first major step towards an open banking ecosystem and banks could see PSD2 as a real opportunity for growth. Due to the complexity of the legislation and the broad range of impacted areas, banks struggle to see this opportunity and therefore mainly focus on becoming compliant.

The Next Generation of TrustRapport CFA Institute

Why Trust Matters - Trust is the bedrock that supports our financial markets and underpins the investment management industry. Our third investor trust survey examines changing investor expectations and how a new generation of investors and new investment tools are affecting the nature of trust. Investors have a strong level of trust in the financial system overall, and trust in the industry has increased slightly. Nonetheless, challenges remain. Investor expectations are high and there are gaps between what investors want and what the industry delivers.